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GBPUSD 4H SHORT TRADE

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
Tradingstrategyguides  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators 50sma breakouttrading shortsetup tradingstrategyguides GBPUSD 4h forextrading
3
0
trendanalysis chartpattern indicator 50sma breakouttrading shortsetup tradingstrategyguides gbpusd 4h forextrading
Price has stayed below 50 sma
Macd below Red Zero line Berish bias
Watch for Macd to cross below Red signal line

Short Trade
Sell Stop @ 1.2719
1st Sell TP @ 1.2689
2nd Sell TP @ 1.2620
SL above 50 sma

Close trade if Macd goes above Red Zero line
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